Ford ordered to compensate the family of a man killed while driving

Friday, September 3rd, 2010

A Mississippi court on Thursday sentenced to pay Ford $ 131 million to the family of a young man who was killed at the wheel of a vehicle from U.S. manufacturer, has announced the lawyer for the family. The suit focused on the accident that killed Brian Cole in ...

Wall Street hesitant before the promise of land sales

Thursday, September 2nd, 2010

Wall Street opened on a tentative note, awaiting the promise of land sales, while jobless claims fell against all odds but that productivity was revised down sharply. A few minutes after the start of trading, the Dow Jones gained 0.04% to 10,273.86 points, the Standard & Poor's 500 index ...

UK growth to its most sustained pace in 9 years

Saturday, August 28th, 2010

The growth of the British economy in the second quarter was revised up, the country with even its strongest pace of growth in over nine years, according to data released Friday by the Office for National Statistics (ONS), but Analysts doubt that this improvement continues. The gross domestic product ...

HSBC wants to buy up to 70% of South African Nedbank

Monday, August 23rd, 2010

HSBC is in exclusive talks to acquire a controlling stake in Nedbank, fourth largest bank in South Africa, an operation that could reach 5.37 billion euros and enable the first European bank to increase its presence in a region strongly growth. HSBC and the Insurer Anglo-South African Old Mutual, ...

Lower earnings and sales of Thomson Reuters in Q2

Thursday, July 29th, 2010

Thomson Reuters Publishes earnings and quarterly sales decline, slightly below Wall Street expectations, but anticipates a return to revenue growth in the third quarter. Its current operating profit fell 17% to 655 million dollars (500 million) and earnings per share adjusted income is 47 cents against 58 cents in ...

The euro area has a trade deficit unexpectedly in May

Friday, July 16th, 2010

The euro zone recorded a trade deficit in May, as imports increased more than exports, Eurostat said Friday. The deficit amounted to 3.4 billion euros, with an export growth of 23% yoy surpassed by an increase of 30% of imports. The trade surplus in April was revised to ...

In Britain, anti-tax bonus reported 2.2 billion euros

Wednesday, March 24th, 2010

The anti-tax temporary bonus established by the United Kingdom has reported two billion pounds, or about 2.2 billion euros to the state, said Wednesday Finance Minister Alistair Darling during the presentation of the UK budget for 2010/2011. Read also: Tax the bonus, a "very charming idea"? The ...

Christine Lagarde supports a tax on banks

Wednesday, March 24th, 2010

The economy minister, Christine Lagarde, expressed support Wednesday for the introduction in France of a tax on banks whose proceeds would be used in case of bankruptcy of a financial institution, more or less following the German example. Interviewed on Radio RMC whether she favored, Ms. Lagarde said: ...

Without help in Athens, Commissioner Olli Rehn fears for the euro

Wednesday, March 24th, 2010

It is necessary that the European Union decided this week with a device to aid Greece, otherwise it would cause difficulties for the euro, says European Commissioner for Monetary Affairs Olli Rehn in a press interview. "There are already technical preparations. Now we need a political decision. It is ...